What's New?-Trading Pink Sheets Online
----------
Based on member requests, we have added the capability to enter orders
for Pink Sheet stocks online. In the past, you had to phone in these orders.
Not all Pink Sheet stocks can be entered online, however. You can find the
list of those that are eligible to be traded online and the Market Makers
that make a market in these securities at www.mytrack.com/pink.html
How Will the Routing Work?
-------------------------
The routing for these securities will be dictated by the routing configuration
that
you selected for OTC BB stocks. You can set your order routing preferences by
opening myTrade, clicking on "Settings," clicking on "Routing," and going to th
e
OTC BB drop-down menu.
Please note: if your default selection is a Market Maker that does not make a
market in the stock you choose to trade, your order will automatically be route
d to
a Market Maker that does. If you enter a stock that none of our Market Makers
handles, the system will display the following error message:
"This Pink Sheet stock has to be called in."
Anything Else I Should Know?
---------------------------
Pink Sheet stocks are usually illiquid and hence can be quite volatile and risk
y.
Investing in stocks listed in the Pink Sheets is not for everyone. If you choo
se
to invest in these stocks, we recommend that you do so with limit orders, not w
ith
market orders.
myTrade: at 7:30 - 10077 orders 5718 executed 8,658,991 shares 1,663 contracts |
